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Nigeria: Hold Hearing On Nigeria's Investment Treaty Risks Now, Policy Alert Tells National Assembly

Africa 2 sources 2 countries 🔦 Under-reported 5m ago

The civil society organisation Policy Alert has called on the Nigerian National Assembly to immediately conduct a public hearing regarding the risks associated with the country's investment treaties.

According to the organisation, current petroleum investment deals and associated fiscal incentives leave Nigeria vulnerable to expensive international arbitration. Policy Alert warns that these agreements also threaten to restrict the nation's capacity to implement future environmental regulations.

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